• Experts expect the recreational marijuana market in Michigan to rival the numbers currently seen in some of country’s top cannabis markets within the next few years
• Gage Cannabis Co. is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan
• New Lansing location offers a wide range of products, all available for purchase through curbside delivery or walk-up pick up

Gage Cannabis is strengthening its position as Michigan’s leading high-quality craft cannabis brand and operator by offering recreational marijuana at its Lansing, Michigan location (https://ibn.fm/6Xhxk). The company is committed to building the fastest-growing cannabis brand in the state, which is currently home to one of the fastest-growing legal cannabis markets in the country.

“We are thrilled to start offering recreational sales to more customers within the Lansing area,” said Gage Cannabis Co. president Fabian Monaco. “The demand for adult-use products has exploded in the past year, and we are ready and eager to meet those needs. We have received an overwhelmingly positive response from medical patients about our products and retail experience, and we look forward to providing the same level of service and product selection to our new community of recreational customers.”
Gage’s Lansing location offers a wide range of products, all available for purchase through curbside delivery or walk-up pick up. The store’s product offerings include flower, pre-rolls, edibles, concentrates, topicals, tinctures, CBD products, accessories and apparel. The company also features products by Redemption Cannabis, which was founded by Ryan Basore, one of Gage’s first social-equity program recipients.

Through this program, Gage offers grants of up to $50,000 to help those who were harmed by the war on drugs. In 2019, Basore, who spent two and a half years in prison after his cannabis business was raided by authorities, received the grant from Gage Cannabis and used the funds to join with other drug-war victims and create the Redemption brand  (https://ibn.fm/41GfM).

In addition to its Lansing location, Gage has four additional locations up and running — Adrian (which also offers recreational marijuana), Detroit, Ferndale and Traverse City — with eight more locations coming soon. The company has plans to have more than 20 operating locations by the end of 2021.

Many experts expect the recreational marijuana market in Michigan to rival the numbers currently seen in some of the country’s top cannabis markets within the next few years (https://ibn.fm/9cO0h). An estimated 3% of Michigan’s residents hold medical marijuana cards, a much higher percentage than most other medical markets. A leading research organization predicts that the state’s recreational market could triple in size between 2020 and 2023.

Gage Cannabis Co. is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan and bringing internationally renowned brands to market. Through years of progressive industry experience, the firm’s founding partners have successfully built and grown operations with federal and state licenses, including cultivation, processing and retail locations. Gage’s portfolio includes city and state approvals for 19 Class C cultivation licenses, three processing licenses and 13 provisioning centers (dispensaries). The company is currently planning a Canadian listing for early 2021 (https://ibn.fm/V73dL) and has launched a Regulation A, Tier 2, equity financing.

To learn more about the company’s Regulation A financing, visit www.GageInvestors.com.

For more information on Gage Cannabis Co., visit the company’s website at www.GageUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to Gage Cannabis are available in the company’s newsroom at https://ibn.fm/GAGE

• Providing cutting-edge betting technology through partnership with Ultra Play
• Recruiting more gamers through Puurl’s unique “soft-gaming” strategy
• Led by CEO with more than 15 years of success in the global gaming industry

Mobius Interactive is an online gaming operator featuring various unique offerings catering to diverse demographic groups. A quick look at the company’s website tells visitors that the company is designed for “gamers at heart” who love to play almost every type of online game imaginable, including sports betting and casino play.

Mobius has partnered with leading and award-winning eSports and iGaming platform Ultra Play. With years of experience in eSports and betting operations, Ultra Play provides cutting-edge betting technology and innovative concepts that include partial and complete cashout, livestream and statistics, easy-to-navigate customer database, multicurrency and adjustable exchange rates, data analytics and more (https://ibn.fm/s1v4m).

Mobius can provide all the sports betting a consumer could want, 24/7, thanks to this platform.  Functionalities of Mobius’ sports betting include mystery jackpots and cutting-edge technology, with live and pre-match odds.

Through Mobius’ partnership with UltraPlay, the company can deliver the most popular casino games globally, with award-winning slots, live casino play and multiple new games available each month. Mobius’ live casino games are compatible with desktop, smartphones, laptops and tablets, and are set up to accommodate any number of players at any time.

The company’s partnership with Puurl attracts the attention of players who are shopping online. Puurl’s unique concept allows players to play-to-win physical products available on any existing eStore. This opens up an additional market through “soft gaming.”

The idea is revolutionary. While shopping for products they are interested in, rather than close the cart or click purchase, consumers are presented with a third option: to place a bet with the prize being the desired product. eShoppers who are not current gamblers online are attracted to the opportunity and entertainment, and Mobius acquires a new gamer.

Lynn Pearce, co-founder and CEO of Mobius, has more than 15 years of success in the global gaming industry, from land-based casinos in the United Kingdom to online gaming companies offering sports betting, poker and casino games. She has successfully delivered multi-million-dollar global brand initiatives and projects online and offline in the United States and throughout the Europe, the Middle East and Africa. Pearce has made a name for herself within the gaming community and publishes often with “Infinity Gaming Magazine.”

As an online gaming operator featuring a variety of unique offerings catering to diverse demographic groups, Mobius Interactive is well positioned to leverage the growing interest as smart money is increasingly betting on esports. The company is partnering with award-winning eSports and iGaming platform Ultra Play and more than 600 VIP and master-gaming affiliates seeking to attract high-net-worth gamers worldwide. Led by management with experience in eSports and handling the launches of more 30 successful products within the last three years, Mobius Interactive is set out to become a notable player in this growing sector.

For more information, visit the company’s website at www.MobiusInteractive.Ltd.

NOTE TO INVESTORS: The latest news and updates relating to Mobius are available in the company’s newsroom at http://ibn.fm/Mobius

• Statistics Canada data confirms growth in Canada’s legal marijuana market
• PACR leverages genetics to produce superior-quality strains, tailored for specific purposes
• PACR’s catalog contains 350 tested quality cultivars, including 50 super-elite strains

Canada’s legal marijuana industry recently celebrated its second anniversary with a jump in sales – a sign of victory in its ongoing battle with the black market (https://ibn.fm/4jOA8). As a licensed cultivator and producer, Pac Roots Cannabis (CSE: PACR) is positioned to benefit from this opportunity to market its premium-quality cannabis strains to a larger audience. Cultivated using innovative techniques based on genetic principles, Pac Roots produces custom strains unavailable on the conventional market that can be tailored for specific purposes.

Until recently, legal cannabis sellers have been struggling to compete with the black market since the country legalized recreational marijuana. The tide appears to be changing—evidenced by data from Statistics Canada showing that people spent 74% more money on legal cannabis between April and June of this year when compared to the same period in 2019.

Pac Roots is poised to benefit from this shift through an increased opportunity to market its superior strains, many of which are tweaked with varying amounts of tetrahydrocannabinol (“THC”) and cannabidiol (“CBD”) for specific therapeutic purposes. Along with altering the cannabidiol profile of their cultivars, the company also leverages genetic technology to develop plants that adapt easily to the climate for maximum yields each growing season.

Pac Roots maintains its commitment to quality genetics through a strategic licensing agreement with Phenome One Corp, a privately-held full-service genetics cannabis company. This partnership gives Pac Roots access to one of the largest living genetic cannabis libraries in Canada – an unparalleled resource that has empowered both companies to develop elite strains with multiple beneficial characteristics. Along with 350 tested cultivars, PACR’s extensive catalog also contains 50 super-elite strains prized for specific properties unique to the industry.

With a focus on the future, PACR is also committed to building its portfolio of real estate that includes valuable long-term income-producing and development assets. In addition to completing its indoor facility in Lake Country, British Columbia (“BC”), the Company has also acquired a 60% interest in a 100-acre joint venture hemp project in Rock Creek, BC, along with adding 250 acres of premium Fraser Valley land to its portfolio.

The cannabis industry continues to grow as laws around marijuana relax throughout the world. Awareness around cannabinoids and their therapeutic properties is increasing among the general public – especially among discerning consumers knowledgeable about specific strains and their properties. As a cultivator of unique strains varying in specific cannabinoids like THC and CBD, Pac Roots is in an ideal position to leverage this increased consumer awareness by providing top quality cannabis products for discriminating consumers.

For more information, visit the company’s website at www.PacRoots.ca.

NOTE TO INVESTORS: The latest news and updates relating to PACR are available in the company’s newsroom at http://ibn.fm/PACR

• PGA, MLB changes CBD policies; other leagues evaluating policy changes regarding marijuana, CBD use
• Global market for CBD oil projected to grow from $967.2 million in 2020 to $5.3 billion by 2025
• WTER offers an exclusive line of A88CBD(TM) products, ranging from tinctures, capsules and gummies to lotion, creams salves

Since CBD was removed from professional golf’s banned substance list in 2018, PGA and Champions Tour players are turning more frequently to the plant to treat aches and pains, and golfers aren’t the only athletes to choose the compound. Earlier this year, Major League Baseball removed marijuana from its banned-substance list during the offseason (https://ibn.fm/G0lyQ). The benefits of CBD use by athletes are still being studied, but the Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) offers an exclusive line of A88CBD(TM) products(https://ibn.fm/KeIXt) that provide those benefits to sports enthusiasts — and anyone else looking for high-quality CBD-infused options.

“Billy Horschel went six months without a top-eight finish last year before he found a remedy for his ailing golf game from a surprising source: the hemp plant,” reported a recent “New York Times” article (https://ibn.fm/SBglV). “Horschel, a five-time PGA Tour winner, began using cannabidiol, or CBD, products shortly after he missed the cut at the British Open in July. He had four top-eight finishes in the next four months and was playing some of the most consistent golf of his career before the season was suspended in March because of the coronavirus pandemic. . . . He is the latest in a growing group of tour members, including Bubba Watson, a two-time Masters champion, and Scott McCarron, the reigning Schwab Cup winner on the Champions Tour, who are paid endorsers for CBD products.”

In addition to golf and the MLB, an ESPN article reports that CBD use is allowed in the National Women’s Soccer League. The substance is currently prohibited in the NFL, NBA, MLB and NHL. However, “the NBA has also expressed interest in revising its bylaws against CBD use. In 2018, CBD was removed from the World Anti-Doping Agency’s banned substances list” (https://ibn.fm/nxnoR).

The same article noted that CBD, short for cannabidiol, “has often been touted as a cure-all of sorts. Manufacturers and users claim, mostly anecdotally, that it has given them relief from muscle soreness and swelling and helped curb stress and anxiety. . . . Hemp-based CBD is legal — in various forms from ingestible oils to topicals — in all but three states in the U.S. and is legal at the federal level. States have their own rules restricting or allowing CBD products to be sold, and in many states, CBD can be sold over the counter in drug stores. It remains unregulated by the Federal Drug Administration, however.”

The ESPN article reported that the global market for CBD oil should grow from $967.2 million in 2020 to $5.3 billion by 2025 — all without CBD brands being allowed to directly advertise their products on social media.

WTER chairman Aaron Keay, a former Canadian national soccer team member, is an advocate for CBD use in sports, as well as other aspects of everyday use. “If you look at the kind of the athlete adoption of it, it kind of coincides with how the world is taking it on and looking at it. But you have a few movers and shakers that are willing to take the risk and say: ‘Look, CBD is going to become mainstream way ahead of cannabis and THC,'” Keay told ESPN. The Alkaline Water Company Inc. is a proud supporter of sports; the company’s brand ambassador Chez Reavie, who wears WTER’s flagship Alkaline88 logo on his shirt and sports an Alkaline88 golf bag at all PGA events, won the 2019 Travelers Championship Tournament.

The Alkaline Water Company offers an exclusive line of A88CBD(TM) products, ranging from tinctures, capsules and gummies to lotion, creams salves. The A88CBD products are formulated using high-quality, U.S.-grown hemp and made with 100% natural ingredients, cruelty-free, and gluten-free ingredients.

Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. In 2019, Alkaline88 launched A88 Infused(TM) to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in seven unique all-natural flavors with new flavors coming soon. Additionally, in 2020 the company launched A88 Infused Beverage Division Inc., which includes the company’s CBD water and flavor-infused water.

To learn more about this company, please visit www.TheAlkalineWaterco.com.

NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://ibn.fm/WTER

• HempFusion’s current product offerings, already available in stores, include tinctures, capsules, OTC topicals, edibles, probiotics and a doctor/practitioner line
• The company abides by all FDA regulations for its full line of products. It is one of few companies marketing FDA Drug Listed Topicals
• HempFusion is currently one of 12 CBD companies conducting a study addressing FDA concerns regarding CBD products and human safety
• The significant time and capital invested in HempFusion’s compliance provide the company with a competitive advantage in the expanding CBD market
• The CBD sector is projected to reach $16.8 billion by 2025
• The company has the second-largest cash presence in the market at $18.3 million as of June 30, 2020, and it is preparing to launch an IPO and list on the Toronto Stock Exchange under ticker symbol ‘CBD.U’

HempFusion Wellness is a leader in the health and wellness CBD industry, providing innovative and diversified proprietary formulations utilizing the power of whole-food hemp nutrition.

Invested heavily in regulatory compliance, HempFusion aims to consistently meet and even exceed the high standards required by retailers and consumers – putting safety, quality and consistency first. In support of these efforts, the company is U.S. Hemp Authority Certified and is a current board member of the U.S. Hemp Roundtable, a coalition of leading companies committed to advancing safe hemp and CBD products.

HempFusion reported 1,750 shareholders and $18.3 million in cash as of June 30, 2020 – the second-largest cash position in its sector – with no debt. Looking ahead, the company is currently preparing to launch an IPO directly onto the Toronto Stock Exchange (“TSX”) senior board, where it has already reserved ticker symbol ‘CBD.U’. Learn More About HempFusion Upcoming IPO.

HempFusion is headquartered in Denver, Colorado.

HempFusion’s Proprietary Wellness Portfolio

The diverse product portfolio showcased by HempFusion includes 46 products that are currently on shelves. The company’s leading offerings include HempFusion-owned Biome Labs, HF Labs and Probulin. Due to the time and resources allocated to increasing the compliance of these proprietary products, HempFusion may have a competitive advantage and create additional retail opportunities that are not available for other CBD companies.

HempFusion’s Diversified Revenue Pipeline

HempFusion’s focus and investment into regulatory compliance has opened doors to major food and drug mass or big box retailers that are not available to other CBD companies. This strategic approach includes five distinct channels:

• Natural Health Retailers
• eCommerce
• Big Box / Food and Drug Mass
• Doctor Practitioner
• Convenience

HempFusion’s Line of Products

HempFusion’s branded line of products is based on the company’s proprietary Whole Food Panoramic Full-Spectrum Hemp Complex. Each product is condition-specific, targeting needs such as sleep, energy and stress.

All of HempFusion’s products are made from DNA-verified, European Union registered, non-GMO, organic industrial hemp. The company’s offerings span multiple product categories, including:

• Tinctures and capsules – These offerings make up the most popular product category in the $4 billion U.S. CBD market.
• OTC topicals – HempFusion is one of the few CBD companies marketing FDA Drug Listed Topicals. The FDA compliance standards ensure that these products meet the standards set by larger national retailers.
• Condition-specific OTC products – HempFusion has OTC products that are condition-specifically targeted, including:

• • OTC Pain Products – The global pain relief market for topicals is projected to reach $13.3 billion by 2025, with a CAGR from 2018 to 2025 of 7.4%.
  • OTC Eczema Products – The global dermatitis market is projected to reach $13.6 billion by 2026.
  • OTC Acne and Aging/Beauty Products – The global market for beauty and anti-aging products is currently estimated at $1.08 trillion.
  • OTC First Aid and Wound Healing Products – In 2019, the 10 top-selling first aid ointments in the United States generated over $650 million in sales.

Probulin Probiotics and Digestive Enzymes

Probulin Probiotics is a 100% wholly owned subsidiary of HempFusion Wellness Inc. and is currently one of the fastest growing probiotics brands in the United States, according to Spins syndicated data.

The Probulin product line addresses a wide range of consumer needs, including daily care, total care, women’s health and children’s products. The probiotics market represents a growing opportunity, as it is estimated to reach $7 billion globally by 2022.

Because of the diverse offerings of the Probulin line, it serves as HempFusion’s gateway to retailers who may not currently carry CBD products.

This ‘Trojan Horse Strategy’ is intended to allow the company to establish, develop and build relationships among these retailers. By achieving approved vendor status, the company may be able to facilitate faster onboarding times, enabling accelerated access to its CBD products in the future.

HF Labs and Biome Research – Doctor and Practitioner Product Lines

The HF Labs and Biome Research product lines are directed toward doctors and practitioners and cater to hospitals, compounding pharmacies and free-standing dispensaries. With an estimated target market of 28,000+ integrative medical doctors and 70,000+ licensed chiropractors in the United States, these offerings create a unique market opportunity as HempFusion continues to broaden its footprint in the CBD industry.

Research on CBD and Human Safety

HempFusion is one of 12 CBD companies selected to participate in ValidCare’s groundbreaking study regarding CBD and human safety, which is expected to be complete by the end of October 2020. The study is designed to address previous questions from the FDA regarding CBD products.

As part of this study, HempFusion and the other selected companies will be conducting human trials to determine if the daily use of full-spectrum hemp-derived CBD or CBD isolate impacts the human liver.

Management Team

Jason Mitchell, N.D., is the co-founder, Director and CEO of HempFusion. He has over 20 years of experience in the natural products industry and is a naturopathic doctor certified by the ANMCB. Mitchell received his doctorate from the Trinity College of Natural Health and is a member of the American Naturopathic Medical Association and the CNHP. He is an expert in supplemental formations and was responsible for successfully creating and launching over 300 industry-leading products during his 15-year tenure at Country Life Vitamins.

Ian DeQueiroz is the Chief of Brand Strategy & Partnerships and a Director for HempFusion. He is a serial entrepreneur with experience in early-stage cannabis and hemp companies. In 2010, he acquired his first cannabis CO2 extraction company in the United States. DeQueiroz has facilitated the licensing process for many companies in the United States, as well as one of Jamaica’s premier cannabis companies, Epican Medicinals Ltd.

Jon Visser is HempFusion’s Chief Revenue Officer. He has over 25 years of experience in all areas of sales and marketing, with a proven track record of consistently driving growth across all major channels. Visser was previously the Senior Vice President of Sales at Navajo Inc., a multi-national manufacturer/distributor of brands like Pennzoil Automotive Supplies, Piranha Eyewear and Navajo Inc., the largest distributor of trial- and travel-sized health and beauty products in the United States. Visser grew annual sales from $60 million to $128 million in less than three years while at Navajo Inc.

Bruce Valentine Jr. is the Chief Financial Officer of HempFusion. He has a proven track record working with high-growth companies and was named CFO of the Year in 2013 by the Northern Colorado Business Report. Valentine is the former CFO of Otter Products and has over 15 years of financial management experience.

Ola Lessard is the Chief Marketing Officer of HempFusion and is also the President of the U.S. Hemp Roundtable. She has experience in marketing creative and effective brand strategies. She is a former Vice President of Marketing at Barlean’s, an award-winning supplements provider based in Washington.

Nancy Angelini is the Director of the Doctor/Practitioner Channel. She has over 25 years as an active, licensed practitioner. Angelini travels the country as a lecturer and product manager. She is responsible for opening doors to some of the largest doctor/practitioner networks in the United States.

Daniel Brody is the Chief Corporate Officer of HempFusion. He is the co-founder and former Vice President of The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF). Brody has been instrumental in listing multiple world-class cannabis companies, including TGOD, Emblem Corp. and Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF). Before joining the cannabis industry, he spent seven years working at two leading Canadian brokerage firms.

For more information, visit the company’s website at www.HempFusion.com.

NOTE TO INVESTORS: The latest news and updates relating to HempFusion are available in the company’s newsroom at https://ibn.fm/HempFusion

• Security robot developer Knightscope has created autonomous sentry models that patrol properties and collect data to maintain a heightened level of public safety
• The company currently markets a K1 stationary machine, K3 indoor machine and K5 outdoor machine that have helped criminal incident investigators and provide a measure of deterrence simply through their presence
• The privately held company is backed by over 16,000 investors and four major corporations and has raised more than $70 million since its inception in 2013
• Robots’ features include 360-degree eye-level HD streaming video, people detection and facial recognition features, automatic license plate recognition, thermal anomaly detection, and automatic signal detection
• A security project for the Veterans Administration this year marked Knightscope’s first agreement with the federal government

Autonomous Security Robot developer Knightscope is using the technological prowess of artificial intelligence in its roving mechanical sentinels as a futuristic means of responding to the nation’s security needs and shortcomings inherent in personnel issues.

Knightscope’s automated sentinels have the capacity to patrol properties on a 24/7 basis 365 days a year, potentially averting crime merely through their presence and retrieving data that can then be used strategically by monitoring personnel to solve crimes that have taken place.

The various robot models feature 360-degree eye-level HD streaming video, people detection and facial recognition features, automatic license plate recognition, thermal anomaly detection, and automatic signal detection.

Knightscope robots have demonstrated their capabilities in a number of emergency response situations. The company notes they have assisted in arrests stemming from armed robbery and vehicle theft, burglary and property damage incidents. One security robot’s thermal camera identified a heat anomaly within a business that alerted responders to a developing fire hazard. Other data assists in law enforcement investigations have included cases involving fraud, hit and run damage, bicycle thefts and sexual predators (https://ibn.fm/mSyO1).

In July, the company announced an agreement to use one of its models at the Audie L. Murphy Memorial Veteran’s Hospital in San Antonio, Texas — Knightscope’s first federal government project and one it hopes the U.S. Department of Veterans Affairs Police Department will expand to more government client opportunities (https://ibn.fm/kLJAc). The company celebrated the robot’s deployment in a social media post this month (https://ibn.fm/5pyjU).

Knightscope is a private company backed by more than 16,000 investors and four major corporations, and has raised more than $70 million since it began in 2013.

“Our long-term mission is to make the United States of America the safest country in the world – and with your continued support, we will reimagine public safety, together, at a time when our Nation needs it most,” the company’s chairman and CEO William Santana Li states (https://ibn.fm/EGBLB).

For more information, visit the company’s website at www.Knightscope.com

NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/Knight

• SRAX sells remaining MD ownership stake for $8 million
• MD sale allows SRAX to focus on rapid growth of Sequire platform
• Sequire unlocks big data investor insights for public companies
• Sequire revenue grew 29% year-over-year for Q2 2020, user base doubled to one million users during Q3 2020

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has recently sold its remaining stake in its MD healthcare vertical for $8 million.

SRAX’s final divestment in MD represents the latest in a series of strategic moves that are further solidifying SRAX’s position in the investment industry. Along with spinning off its proprietary data-based BIGtoken platform into its own private company, SRAX has also acquired LD Micro, a leading data and event company serving the small and micro-cap space that provides exclusive information on micro-cap North American stocks.

“Our Sequire platform is rapidly growing and we are focused on the continued expansion of this business,” said SRAX founder and CEO Christopher Miglino (https://ibn.fm/0vwNh). “We believe that selling the MD ownership stake at this time reinforces our goal of being 100% focused on providing our platform and services to public companies. This capital will be effective in helping us accelerate growth. This asset currently sits on our balance sheet with a zero basis, so this capital will go directly to improving our balance sheet. This transaction combined with moving Bigtoken to its own public company brings clarity to our mission going forward.”

Sequire’s suite of tools allows public companies to unlock the power of investor data through warrant tracking, survey creation, events and roadshows, and customer relationship/resource management (“CRM”). Since its creation in 2019, the platform has grown rapidly, doubling its user base to over one million investors and traders across 91 public companies in just two months (https://ibn.fm/wv6L7) in addition to posting Q2 earnings that showed a 29% increase in year-over-year revenue. The acquisition of LD Micro is expected to further accelerate the adoption of Sequire, paving a new road forward for both companies.

“The platform is an absolute game-changer for public companies and their shareholders,” said LD Micro founder Chris Lahiji in recent statements (https://ibn.fm/ACfcV). “Both companies believe that one day executives will rely on Sequire the same way investors rely on Bloomberg.”

SRAX is on the Russell Microcap(R) Index in addition to being invited to the board of the Interactive Advertising Bureau (“IAB”) Data Policy Board. Through the creation of specialized tools that reveal core consumers and their characteristics, SRAX continues to leverage the growing demand for quantifiable and detailed consumer data across a wide range of industries.

For more information, visit the company’s website at www.SRAX.com.

NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

• SGMD releases key numbers for BudCars Q3 2020 financial report
• CEO reports that company “continues to perform, setting records in basically every key metric we track”
• BudCars has seen consistent growth since Sugarmade acquired 40% stake in the Sacramento-based cannabis delivery service

Steadily growing gross margins, more than 60% growth and $2 million in gross receipts are a few of the highlights in an announcement (https://ibn.fm/8gnHK) made by Sugarmade (OTCQB: SGMD) featuring the Q3 2020 numbers for BudCars Cannabis Delivery Service. SGMD owns a 40% stake in BudCars, along with an option to acquire an additional 30%.

“BudCars continues to perform, setting records in basically every key metric we track,” said Sugarmade CEO Jimmy Chan. “It was a tremendous quarter, with a big jump in customers and regional market share and robust margins on every sale. That paints a very motivating picture as we gear up to significantly expand our service territory, with upcoming expansion into the North Bay and Wine Country areas, as well as our upcoming grand opening of BudCars LA.”

The preannouncement of BudCars’ performance for the three months ended Sept. 30, 2020, included the following key numbers:

• Total Q3 2020 BudCars gross receipts over $1.9 million, which represents a 66% increase quarter over quarter
• Total Q3 BudCars gross profits of $903,667, representing 64% gross profit growth quarter over quarter on a steady 47% gross profit margins
• Average daily gross sales increased $21,246, a 68% increase quarter to quarter
• Total customer tickets increased 62% quarter to quarter on 3% growth in average ticket size

BudCars has seen consistent growth since Sugarmade acquired a 40% stake in the Sacramento-based cannabis delivery service earlier this year (https://ibn.fm/jjr74). In fact, the company has performed ahead of expectations almost every month since March 2020, seeing consistent growth in almost every area, including increasing new customers, strong repeat business, increasing orders per customer per period, and increasing ticket sizes.

BudCars isn’t the only bright spot on the Sugarmade horizon. The company also recently secured rights to a property zoned for cannabis cultivation (https://ibn.fm/ps9IP). The company is already in the process of obtaining cannabis cultivation licensing, preparing archaeological and biological surveys, and assembling documentation related to the architectural and engineering plans for construction of greenhouses and a processing building.

“We believe we have all of the strategic pieces in place to capitalize on cultivation, with the market currently chronically undersupplied,” said Chan. “We also have relationships in place, especially through our BudCars investment, to hit the ground running on the branded products side, driving strong margins up and down the chain.”

BudCars is a retail business that offers same-day delivery of top-quality cannabis. Customers choose from a variety of products including edibles, flower, pre-rolls, vapes, tinctures and concentrate across dozens of premium brands. Once consumers complete their purchases online, they receive their order the same day via BudCars Cannabis Delivery Service.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. The company’s brand portfolio includes CarryOutsupplies.com, SugarRush(TM) and Budcars.com. Sugarmade is an investor in BudCars and a joint operator of BudCars’ first operating location in Sacramento, California.

During early 2020, Sugarmade gained a 40% stake in BudCars and in the Sacramento delivery operations via the acquisition of a 40% stake in Indigo Dye Group (Indigo). Under the terms of Sugarmade’s agreement with Indigo, Sugarmade also acquired an option to purchase an additional 30% interest in Indigo, upon the closing of which would provide Sugarmade with a 70% controlling interest. As of the date hereof, this option has not yet been exercised; Sugarmade’s stake in Indigo remains at 40%, and there is no assurance that Sugarmade will exercise the option to acquire an additional 30% interest in Indigo.

However, since late May 2020, Sugarmade has been actively involved in development of Indigo’s operations with power to direct the activities and significantly impact Indigo’s economic performance. Sugarmade also has obligations to absorb losses and right to receive benefits from Indigo. As such, in accordance with the Financial Accounting Standards Board’s Accounting Standards Codification 810-10-25-38A through 25-38J, Indigo is considered a variable interest entity (“VIE”) of Sugarmade.

For more information, visit the company’s website at www.Sugarmade.com.

NOTE TO INVESTORS:: The latest news and updates relating to SGMD are available in the company’s newsroom at http://ibn.fm/SUGAR

• Plant-based superfood developer Rritual Mushrooms Inc. has produced its initial product lineup of three functional mushroom elixirs and powders designed to boost personal wellness
• The company was recognized by retail marketing agency ECRM for its attractive product presentation and growing success, as judged by national outlets including CVS, Vitamin Shoppe, Amazon and Rite Aid
• The functional mushroom market is a nascent subsection of the wellness industry ripe with potential for companies that get in on the ground floor as expectations for the industry grow
• Rritual’s Reishi Relax, Chaga Immune and Lion’s Mane Focus formulations are available in 14-stick packs and in 250-gram tubs, as well as in a 14-day variety pack that includes all three elixirs

Lifestyle therapeutics innovator Rritual Mushrooms gained recognition for its development of attractive marketing and its growing market presence at the 2020 annual ECRM Buyer’s Choice Awards.

The awards spotlight Efficient Collaborative Retail Marketing, and Rritual Mushrooms achieved second place in the Whole Body & Mind Wellness category, which was voted on by wellness product buyers from national retail outlets in a virtual event last month (https://ibn.fm/xEIAx).

“Rritual’s performance at the ECRM Buyer’s Choice Awards was not only a vote of confidence for the long-term potential of our product line but also a clear indication that there is strong demand for high-quality and accessible mushroom products among mainstream consumers and retailers alike,” Rritual’s CEO David Kerbel stated.

Rritual Mushroom is a premium brand in the functional mushroom market, an industry that is still in its infancy and ripe with potential for early movers. Certain mushrooms have long been touted for their beneficial properties — as an example, the Reishi mushroom enjoys a reputation as “the mushroom of immortality” after thousands of years of use in traditional Chinese medicine for boosting the immune system, fighting off cancer, fatigue and depression, supporting heart health, and helping to control blood sugar levels (https://ibn.fm/T5mVn).

Rritual has introduced an initial product line of elixirs, shots and mixes for three mushroom varieties paired with select adaptogens — herbal substances used to increase the body’s ability to resist biological stress (https://ibn.fm/JzamN). In addition to Reishi, which is paired with the adaptogen Ashwagandha root, Rritual’s products pair the Chaga mushroom with Eleuthero root and the Lion’s Mane mushroom with Rhodiola root.

“I believe Rritual has a great business model and product portfolio, in addition to a talented and passionate management team that uniquely positions it for success in the emerging plant-based industry,” Dr. Mike Hart, the company’s new president stated when he was hired in June (https://ibn.fm/rQY5o). “Their mission to help people adapt to modern life and prove that mushrooms are one of the world’s greatest superfoods is a perfect fit with my own wellness practices as a physician, and personally as an individual who is passionate about mental and physical health.”

Each Reishi Relax, Chaga Immune and Lion’s Mane Focus elixir also contains a blend of six functional mushrooms including turkey tail, shiitake and maitake, as well as a prebiotic blend featuring inulin and lucuma fruit powder, which together are designed to support immune and digestive health.

ECRM VP of Health and Beauty Care Craig Chmielowicz noted the timeliness of Rritual’s product offering, stating, “A big part of wellness these days — especially during the pandemic — includes finding ways to relax the body and mind” (https://ibn.fm/tO6y8).

For more information, visit the company’s website at https://Investors.WeAreRritual.com.

“Mental Fitness is a Daily Ritual”

NOTE TO INVESTORS: The latest news and updates relating to Rritual Mushrooms are available in the company’s newsroom at http://ibn.fm/Rritual

• Majority of game developers surveyed believe that eSports industry will continue to grow in coming years
• eSports attracts the largest audience on the planet at more than 600 million people
• Colleges, universities and high schools now offering eSports as academic classes with opportunities for scholarships

Mobius Interactive is an online gaming operator featuring various unique offerings catering to diverse demographic groups. In partnership with Ultra Play, a leading and award-winning eSports and iGaming platform, the company seeks to attract a network of high net-worth gamers from around the world.

Mobius.Bet is the company’s dedicated eSports hub catering to the growing eSports segment. By the end of 2021, the sector will reach 2.7 billion gamers playing worldwide, according to Mobius CEO Lynn Pearce, in a recent “Infinity Gaming” article (https://ibn.fm/7b0Y8).

Pearce isn’t the only one forecasting growth in the space. Perforce, an American developer of software used for developing and running applications, recently surveyed game development professionals and found that the majority believe that the eSports industry will only continue to grow in the coming year (https://ibn.fm/AaCQP). This is in part due to the impact of COVID-19. As individuals look for more ways to stay connected and entertained, eSports will only continue to grow.

Earlier this year, “The Manual” reported that eSports attracts the largest audience on the planet at over 600 million people (https://ibn.fm/rqP1c). At the beginning of the pandemic, it was one of the few remaining social activities and live-entertainment options available. According to the “LA Times,” eSports was built for quarantine culture and had eight million people logging on daily (https://ibn.fm/zHqFI).

However, the popularity of eSports was actually growing before the world was forced to stay home and find new avenues of entertainment. Well before COVID-19, more than 170 colleges and universities were participating in eSports. High schools have created eSports classes, not categorized as sports but as an academic class. College scholarships, tournament money and high salary jobs are now possibilities in the space. Gaming is no longer solitary. It has become a social activity that pushes players to their best, develops skills, and requires teamwork and strategy (https://ibn.fm/gn8aV).

One of the main challenges pointed out by Pearce and those surveyed by Perforce is funding. Monetizing eSports is not an easy endeavor. Part of the challenge is the speed of sports and the thrill of betting in the fast-paced arena. eSports is slower, with games, competitions and tournaments lasting longer. Fans, especially those placing bets, want instant action.

Or they did. With COVID-19 slowing down lives and shifting attention from what was once the norm, there is a new interest and patience in the eSports arena. And that interest is accompanied by funding.

As an online gaming operator featuring a variety of unique offerings catering to diverse demographic groups, Mobius Interactive is well positioned to leverage the growing interest as smart money is increasingly betting on esports. The company is partnering with award-winning eSports and iGaming platform Ultra Play and more than 600 VIP and master-gaming affiliates seeking to attract high-net-worth gamers worldwide. Led by management with experience in eSports and handling the launches of more 30 successful products within the last three years, Mobius Interactive is set out to become a notable player in this growing sector.

To learn more about this company, visit www.MobiusInteractive.Ltd.

NOTE TO INVESTORS: The latest news and updates relating to Mobius are available in the company’s newsroom at http://ibn.fm/Mobius